Looking to 6.80 for entryIf we get a dip to confirm this channel I would be ok with jumping in at 6.80 - Bit of a risky position as SGY doesn't make money yet but they are close to their 50/50 debt ratio. The dividend is getting stronger but is nearing its ceiling Longby Sethrahtekk0
Attractive DividendThis stock will be of good value for a while, but will return in dividends while we wait for it to hit 10Longby Sethrahtekk2
SGY LongAlarm set here for small pullback on 1 hourly. Broken through diagonal trend line. Target at major236. Will update on entry. Longby tradersteve22Updated 220
Surge Energy - Bull Flag!Bull flag has formed, I'm optimistic we'll see another nice big pop once oil gets back on track.by JebusLives0
ZPTAFpicked up some here b c WTI looks super wrecked and so does this stock. And also thinking the DXY gets blocked around $92.7 could be a nice bounceLongby Big_Mike7161
SGY.CA: Bullish flag, confirmed (72)Bullish Flag, confirmed (72PC) Pros: Volume during post formation Descending volume during flag formation Volume at break out Golden cros in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 13, high 200MA ascending Cons: 250RSI below 50 Target: PT = 0.95$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do your own due dilligence. This is not financial advice Stay Humble, have fun, make money! Education: www.dailyfx.comLongby LeLaf113
zptaflooking for something like this by EOY guys. I think we r in for a dip back to .17c B4 another leg higher tho.Longby Big_Mike7160
SGY.TO Surge surged todaySGY.TO Somebody is starting to dump money into the Canadian oil & gas names. Will it last? I have no idea but I'm watching.Longby WadeYendall4
Whipsaw trend and momentum oscillator “Rate of Change”Today I’ve learned how to use the momentum oscillator “Rate of Change” or ROC in whipsaw stock movements. You need to pay attention when it becomes positive and crosses the zero line and then you need to watch if the price crossed its MA. The key point is to use the same time period as for the MA as for ROC. I am not a day-trader and my strategy is short-term (up to 1 month), so since there are approximately 250 trading days in a year/15 days in 6 months/63 days in a quarter/21 day in a month - I used 21 day as a setting. (Number of days are taken from Internet) I think this tactic will work the best with penny stocks, as you can increase your trading volume in order to mitigate broker’s fees since the cycles are very short in their nature.Longby DmitriTraderUpdated 223
Surge Energy getting ready to surge?Like most oil & gas companies Surge Energy SGY.TO fell sharply today (-15%) and is down by more than 1/2 since the end of November. The stock looks like it will find support at $2.80, which was tested previously in early 2013. Current dividend (21%) signals a cut is pending. However, the company has 34% of production hedged at CAD$100 for the first half of 2015, and 14% @ $93 for the second half of 2015. Insiders continue to actively buy. For example Robert Leach (director) has purchased over 300,000 shares since the first of October at prices ranging from $6.70 - $3.85, most recent being 26,000 @ $3.93 on Dec 19. Obviously Surge will trade in harmony with oil prices, but it's looking like the stock will find support at $2.80. I'm long at $2.82 looking for a rebound to resistance at $5.44 (+92%) Stop loss at $2.40.Longby ScottUrquhart1
Surge Energy Fib patternTraverses for Serge stock price is following a bullish channel that is narrowing. Using Fibonacci retracement numbers, the current traverse will correct at approximately $7.55, and go to $9.60, at which point, the channel will more than likely reverse.Longby UnknownUnicorn100591221